Stern Company's Net Income Was $75,000 for 2018, $81,250 for 2019

Multiple Choice

Stern Company's net income was $75,000 for 2018, $81,250 for 2019, and $69,800 for 2020. Assume trend percentages for net income over the three-year period are computed, with 2018 serving as the base year.
The trend percentage for 2020's net income is:

A) 100.0
B) 108.7
C) 93.1
D) 73.6
E) None of the above